Company Registration No. 07954643 (England and Wales)
Carbon Responsible Ltd
Unaudited accounts
for the year ended 30 April 2025
Carbon Responsible Ltd
Unaudited accounts
Contents
Carbon Responsible Ltd
Company Information
for the year ended 30 April 2025
Directors
Alexandra Kimber
Hugo Charles Kimber
Matthew Connelly Paver
Company Number
07954643 (England and Wales)
Registered Office
86-90 Paul St
Shoreditch
London
EC2A NE
UK
Accountants
Barnes & Scott
86-90 Paul Street
London
EC2A 4NE
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Carbon Responsible Ltd for the year ended 30 April 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Carbon Responsible Ltd for the year ended
30 April 2025 as set out on pages
5 -
9 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
This report is made solely to the Board of Directors of Carbon Responsible Ltd, as a body, in accordance with the terms of our engagement letter dated 10 August 2024. Our work has been undertaken solely to prepare for your approval the accounts of Carbon Responsible Ltd and state those matters that we have agreed to state to the Board of Directors of Carbon Responsible Ltd, as a body, in this report in accordance with AAF 07/16 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Carbon Responsible Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Carbon Responsible Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Carbon Responsible Ltd. You consider that Carbon Responsible Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Carbon Responsible Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Barnes & Scott
Chartered Accountants
86-90 Paul Street
London
EC2A 4NE
10 December 2025
Carbon Responsible Ltd
Statement of financial position
as at 30 April 2025
Intangible assets
315,204
61,628
Tangible assets
10,352
7,549
Cash at bank and in hand
62,650
89,173
Creditors: amounts falling due within one year
(100,117)
(289,772)
Net current assets/(liabilities)
46,415
(90,504)
Total assets less current liabilities
371,971
(21,327)
Creditors: amounts falling due after more than one year
(723,579)
(9,965)
Net liabilities
(351,608)
(31,292)
Called up share capital
1,791
1,610
Share premium
1,340,238
869,819
Capital contribution reserve
133,897
-
Profit and loss account
(1,827,534)
(902,721)
Shareholders' funds
(351,608)
(31,292)
For the year ending 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 10 December 2025 and were signed on its behalf by
Hugo Charles Kimber
Director
Company Registration No. 07954643
Carbon Responsible Ltd
Notes to the Accounts
for the year ended 30 April 2025
Carbon Responsible Ltd is a private company, limited by shares, registered in England and Wales, registration number 07954643. The registered office is 86-90 Paul St, Shoreditch, London, EC2A NE, UK.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% Reducing Balance
The company has an EMI approved scheme option scheme in place.
At the period end there were 73 EMI options in issue. The Company has entered a debit of £133,897 through the profit and loss account, being the estimated fair value decrease in share options during the period (£75,203) plus the previously unreported fair value of share options granted in the prior period (£209,100).
As the prior period accounts did not report the share options issued in the prior period, the number of share options outstanding at the start of the current period has been restated as 114.
The number and weighted average exercise prices for the options are as follows:
(i) Outstanding at the start of the period - 114 share options at £1,300 exercise price each;
(ii) Granted during the period - nil;
(iii) Forfeited during the period - 41 share options at £1,300 exercise price each;
(iv) Exercised during the period - nil;
(v) Expired during the period - nil;
(vi) Outstanding at the end of the period - 73 share options at £1,300 exercise price each and;
(vii) Exercisable at the end of the period - 73 share options at £1,300 exercise price each.
Carbon Responsible Ltd
Notes to the Accounts
for the year ended 30 April 2025
Cash and cash equivalents
Cash and cash equivalents includes cash in hand, deposits held at call with banks, other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. Bank overdrafts, when applicable, are shown within borrowings in current liabilities.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
The directors consider the going concern basis to be appropriate having paid due regard to the company's projected results during the twelve months from the date the financial statements are approved and anticipated cash flows, availability of financing facilities and mitigating actions that can be taken during the period.
4
Intangible fixed assets
Other
Charge for the year
49,646
Carbon Responsible Ltd
Notes to the Accounts
for the year ended 30 April 2025
5
Tangible fixed assets
Fixtures & fittings
Amounts falling due within one year
Trade debtors
35,137
110,095
Accrued income and prepayments
27,395
-
7
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
4,522
24,518
Trade creditors
25,145
11,412
Taxes and social security
21,661
11,929
Loans from directors
42,635
214,465
At year end £42,635 (2024: £0) was owed to the directors of the company. The current directors' loan is non interest bearing and payable on demand.
Carbon Responsible Ltd
Notes to the Accounts
for the year ended 30 April 2025
8
Creditors: amounts falling due after more than one year
2025
2024
Loans from directors
470,079
-
At year end, £470,079 (2024: £214,465) was owed to the directors of the company. The non-current directors' loan is held at an interest rate of 5.25% per annum.
Allotted, called up and fully paid:
1,791 Ordinary shares of £1 each
1,791
1,610
Shares issued during the period:
181 Ordinary shares of £1 each
181
10
Operating lease commitments
2025
2024
At 30 April 2025 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
80,325
-
Later than one year and not later than five years
33,469
-
11
Average number of employees
During the year the average number of employees was 17 (2024: 13).